The housing bubble engineered by the Clinton
Administration and perpetuated by the Bush Administration is
losing steam. The government's ability to print Treasury and
agency securities and the Fed’s ability to print currency
are increasingly questioned and under pressure globally. As
this happens, the significance of the intentional siphoning
off of assets and equity from the American economy and
industrial base over the last decade – including +/- $4 trillion missing from federal
government accounts – is becoming more apparent.

What does this mean to most Americans? A steady
decrease in income, a steady rise in living and interest
expense and a leveling off of housing prices – even a fall –
at a time when most Americans are saving less and seriously
overleveraged.

The biggest policy questions of our day are
“Who is siphoning off our wealth?” and “How do we
restore and reverse the flow back into our families and
communities?”

Solutions to the financial drain in our
communities necessitate we assert control of our local
economies and government sufficient to assert control of the
national and international governmental financial mechanisms
that are managed on an uneconomic, unethical or criminal
basis. To build the power to do this begins with taking
advantage of the many opportunities we have individually
to understand and bring transparency to how money works in
our community and to vote with our bank deposits, our
purchases, our investments and our time and
associations.

One of the components of Solari Portfolio Strategy – our vision
of how to vote with your investments – is to use precious
metals as insurance to help protect your assets and provide
liquidity in critical times. Moreover, by voting with your
money against fiat currency, you are taking action in
support of freedom and sound financial systems. I am often
told that mining companies are bad for the environment. My
response is that our current central banking system and fiat
currencies are wrecking our environment on a scale that the
worst mining companies in world could never touch.

The
Solari Precious Metals Miniseries offers an
excellent introduction to precious metals. We introduce you
to some of the finest teachers around – Franklin Sanders of
The
Moneychanger and James Turk of Gold Money.
Getting reliable information on gold and silver is not as
easy as one would think. For example, on Friday, I flew to
Arizona and read the Wall Street Journal cover to cover. Not
a word could I find about the fact that gold had just hit a
25-year high.

Fancy
that.

*************

Catherine Austin
Fitts is the President of Solari, Inc.
http://www.solari.com/. Ms. Fitts is the former
Assistant Secretary of Housing-Federal Housing Commissioner
during the first Bush Administration, a former managing
director and member of the board of directors of Dillon Read
& Co. Inc. and President of The Hamilton Securities Group,
Inc.

The Solari Report's mission is to help you build wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community health and wealth.

Contact Catherine Austin Fitts

Eric Zuesse, originally posted at Strategic Culture On May 19th, an implicit international political warning was issued, but it wasn’t issued between countries; it was issued between allied versus opposed factions within each of two countries: U.S. and Ukraine. ... More>>

Hell has, in its raging fires, ringside seats for those who like their spreadsheets. The seating, already peopled by those from human resources, white collar criminals and accountants, becomes toastier for those who make errors with those spreadsheets. ... More>>

The COVID-19 crisis is compelling us to kick-start investment in a regenerative and zero-carbon future. We were bold enough to act quickly to stop the virus - can we now chart a course for a just recovery? More>>

Reaction to the New Zealand government’s handling of the COVID-19 pandemic and resultant lockdown has ranged from high praise to criticism that its actions were illegal and its management chaotic. More>>

The Commentariat There is a regular commentariat who appear on places such as 'The Panel' on Radio New Zealand (4pm on weekdays), and on panels on television shows such as Newshub Nation (TV3, weekends) and Q+A (TV1, Mondays). Generally, these panellists ... More>>

For anybody familiar with that gruesome manifestation of the modern work place, namely the open plan office, the advent of coronavirus might be something of a relief. The prospects for infection in such spaces is simply too great. You are at risk from ... More>>

The world's worst Putin puppet is escalating tensions with Russia even further, with the Trump administration looking at withdrawal from more nuclear treaties in the near future. In addition to planning on withdrawing from the Open Skies Treaty ... More>>

The “gate” suffix has been wearing thin since the break-in scandal that gave it its birth. Since Watergate, virtually anything dubious and suggestive, and much more besides, is suffixed. Which brings us to the issue of President Donald Trump’s ... More>>

As New Zealand passes the half-way mark towards moving out of Level Four lockdown, the trade-offs involved in life-after-lockdown are starting to come into view. All very well for National’s finance spokesperson Paul Goldsmith to claim that “The number one priority we have is to get out of the lockdown as soon as we can”…Yet as PM Jacinda Ardern pointed out a few days ago, any crude trade-off between public health and economic well-being would be a false choice... More>>

If the title of epidemiological czar were to be created, its first occupant would have to be Sweden’s Anders Tegnell. He has held sway in the face of sceptics and concern that his “herd immunity” approach to COVID-19 is a dangerous, and breathtakingly ... More>>